Acuity Brands (LTS:0H90) Change In Receivables : $-9 Mil (TTM As of Aug. 2024)

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What is Acuity Brands Change In Receivables?

Acuity Brands's change in receivables for the quarter that ended in Aug. 2024 was $-51 Mil. It means Acuity Brands's Accounts Receivable increased by $51 Mil from May. 2024 to Aug. 2024 .

Acuity Brands's change in receivables for the fiscal year that ended in Aug. 2024 was $-9 Mil. It means Acuity Brands's Accounts Receivable increased by $9 Mil from Aug. 2023 to Aug. 2024 .

Acuity Brands's Accounts Receivable for the quarter that ended in Aug. 2024 was $563 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Acuity Brands's Days Sales Outstanding for the three months ended in Aug. 2024 was 49.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Acuity Brands's liquidation value for the three months ended in Aug. 2024 was $26 Mil.

Acuity Brands Change In Receivables Historical Data

The historical data trend for Acuity Brands's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Acuity Brands Change In Receivables Chart

Acuity Brands Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Change In Receivables

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74.50

-68.70

-99.70

114.60

-8.70

Acuity Brands Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Change In Receivables	Get a 7-Day Free Trial															-9.30	37.80	22.30	-17.60	-51.20

Acuity Brands Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9 Mil.

Acuity Brands (LTS:0H90) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Acuity Brands's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	563	/	1032.3	*	91
=	49.77

2. In Ben Graham's calculation of liquidation value, Acuity Brands's accounts receivable are only considered to be worth 75% of book value:

Acuity Brands's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	845.8	-	1435.8	+	0.75 * 563	+	0.5 * 387.6
=	26

Acuity Brands Change In Receivables Related Terms

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Acuity Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Acuity Brands Inc (LTS:0H90) » Definitions » Change In Receivables

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Traded in Other Exchanges

AYI:USA AQ8:Germany AQ8:Germany

Address

1170 Peachtree Street, N.E., Suite 2300, Atlanta, GA, USA, 30309

Website

https://www.acuitybrands.com

Acuity Brands Inc is a industrial technology company. It use technology to solve problems in spaces and light. Its has two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), ABL segment lighting solutions includes commercial, architectural, and specialty lighting in addition to lighting controls and components that can be combined to create integrated lighting controls systems. It offer devices such as luminaires that predominantly utilize light emitting diode (LED) technology designed to optimize energy efficiency and comfort for various indoor and outdoor applications. ISG offers building management solutions and building management software. ABL segment generated key revenue for the company.

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